Disney Investment Group (DIG) successfully facilitated the sale of Westcliff shopping center in Fort Worth, Texas for a total price of $14.8 million. This 134,750-square-foot retail center is anchored by a popular grocery store and is strategically located less than half a mile from Texas Christian University. Currently at 86% occupancy, Westcliff has been home to anchor tenant Albertsons since 2009 and also boasts other reputable tenants such as Ace Hardware and Dollar General.
The seller, CTO Realty Growth, was represented by David Disney and Adam Crockett of DIG while the buyer was procured by Partners. Independent Financial provided financing for the acquisition.
This recent transaction marks another successful investment deal for DIG in the thriving Fort Worth market where demand for prime retail space continues to grow steadily.
